More Questions on Indian Economy
- Q. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
A)20 to 25 percent
B)15 to 20 percent
C)25 to 30 percent
D)30 to 35 percent
Answer: 20 to 25 percent
- Q. Non Tax revenues can be increased by improving the working of the
A)electricity boards
B)State Road Transport Corporations
C)commercial irrigation projects
D)All of the above
Answer: commercial irrigation projects
- Q. At present, the number of nationalized banks are:
A)17
B)15
C)19
D)12
Answer: 12
- Q. National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:
A)September 2003
B)October 2004
C)November 2004
D)January 2004
Answer: November 2004
- Q. Green Banking channel has been launched by:
A)State Bank of India
B)Punjab National Bank
C)Reserve Bank of India
D)Bank of Baroda
Answer: State Bank of India
- Q. In coal production, India ranks in the world:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
- Q. In India, the state which has the largest forest cover is:
A)Arunachal Pradesh
B)Madhya Pradesh
C)Chattisgarh
D)Odisha
Answer: Madhya Pradesh
- Q. Income tax in India was introduced by:
A)James Wilson
B)Nicholas Kaldor
C)William Jones
D)Mahavir Tyagi
Answer: James Wilson
- Q. What is the objective of ‘Sangam Yojna 1996’?
A)To make Ganga water pollution free
B)To increase the welfare of the disabled
C)To make Sangam region of Allahabad more attractive for tourists
D)To unite, various groups of Hindus
Answer: To increase the welfare of the disabled
- Q. Government has merged Annapurna Scheme with:
A)Ujjwala
B)IRDP
C)National Old Age Pension Scheme
D)None of these
Answer: National Old Age Pension Scheme
- Q. The first wholly Indian Bank was set up in
A)1894
B)1794
C)1896
D)1902
Answer: 1894
- Q. How many banks were nationalized in 1969?
A)14
B)16
C)15
D)20
Answer: 14
- Q. In the World, in the production of cotton, India ranks:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
- Q. Which of the following is not a part of machinery that settles industrial disputes?
A)Works Committee
B)Conciliation officers
C)Wage Court
D)Board of Conciliation
Answer: Wage Court
- Q. The main rubber producing state in the country is:
A)Tamil Nadu
B)Karnataka
C)Kerala
D)Hyderabad
Answer: Kerala
- Q. Income tax in India was introduced by:
A)James Wilson
B)William Jones
C)Nicholas Kaldor
D)Mahavir Tyagi
Answer: James Wilson
- Q. When personal direct taxes are subtracted from personal income the obtained value is called:
A)National Income
B)Gross Domestic Product (GDP)
C)Gross National Product (GNP)
D)Personal Income
Answer: Gross National Product (GNP)
- Q. On July 12, 1982, the ARDC was merged into
A)NABARD
B)EXIM Bank
C)RBI
D)None of the above
Answer: NABARD
- Q. Since 1983, the RBI’s responsibility with respect to regional rural banks was transferred to
A)SBI
B)NABARD
C)ARDC
D)PACs
Answer: NABARD
- Q. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
A)1986
B)1984
C)1987
D)1989
Answer: 1987
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